can a registered trader book credit of excise duty?

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....an a registered trader book credit of excise duty?<br> Query (Issue) Started By: - rakesh rohilla Dated:- 22-8-2017 Last Reply Date:- 23-8-2017 Goods and Services Tax - GST<br>Got 6 Replies<br>GST<br>Dear All, I have a query that Vat registered dealer had got an invoice dated 26.06.2017 before GST implementation and invoice showing separately Excise duty and CST of 1.5%. Can I book credit of exci....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....se duty on this bill in GST and I book the purchase against C form also. Vat dealer is not registered in Excise and he is a trader only and filled all the returns continuously. In my view, i can book credit of excise but not on CST as i book against C form. Reply By Himansu Sekhar: The Reply: You can take this credfitb inn Tran 1, Please refer to sec 140(3) of cgst Act Reply By rakesh rohilla....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....: The Reply: thanks himansu, i have seen trans 1 form in GST portal and I am confused about filing the details. I have only 1 excise invoice which is duty paid and rest of all are vat invoices which i have filled the return for the quarter 1-4-2017 to 30-6-2017 in DVAT. For availing credit of excise as per the query, i have to fill only one excise invoice or to fill all the details of quarter apr....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....il to june 2017. please clarify it. Reply By KASTURI SETHI: The Reply: You will get Central Excise duty credit plus VAT credit in Trans 1 as closing balance as on 30.6.17. for utilisation of same in July, 17 Reply By Ganeshan Kalyani: The Reply: If duty paying document is available then 100% credit is available, otherwise only 40% credit is eligible Reply By Himansu Sekhar: The Reply: Pleas....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e fill up 7A. Reply By KASTURI SETHI: The Reply: Rightly opined and suggested by both experts.<br> Discussion Forum - Knowledge Sharing ....